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Agenda - Council - 02/26/1985
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Agenda - Council - 02/26/1985
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/26/1985
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This Official Statement does not constitute an offer to sell the Bond~ <br />in any state or other jurisdiction to any person to whom it is unlawful <br />to make such offer in such state or jurisdiction. No dealer, salesman, <br />or any person has been authorized to give any information or to make <br />any representation other than those contained herein in connection with <br />the offering of the Bonds, and if given or made, such information or <br />representation must not be relied upon. <br /> <br />The information set forth herein has been furnished by the City and <br />other sources which are believed to be reliable, but it is not guaran- <br />teed as to accuracy or completeness by, and is not to be construed as a <br />representation by the City or anyone acting on its behalf. The infor- <br />mation and expressions of opinion herein are subject to change without <br />notice and neither the delivery of this Official Statement nor any sale <br />of the Bonds made hereunder shall, under any circumstances, except as <br />stated herein, create andy implication that there has been no change in <br />the affairs of the City since the date hereof. <br /> <br />The Bonds have not been registered under the Securities Act of 1933, in <br />reliance upon exemptions contained in the Securities Act. <br /> <br />TABLE OF CONTENTS <br /> <br /> Page <br /> f City Offi i ls <br />Roster o c a ................... 111 <br />Official Notice of Sale ................... iv <br />Official Statement ..................... 1 <br />Financial Summary ...................... 3 <br />Indebtedness ...................... - - - 3 <br /> ligation Long Term Debt ' 3 <br /> General Ob - <br /> Other Financial Commitments ................. 5 <br /> Debt Limit .................... - - - 5 <br />Overlapping Debt ~a-d~T-x'sn a e 5 <br />Property Valuations ................ 6 <br />Market and Assessed Values ................. 6 <br />Property Tax Levies and Collections ............ 7 <br />Mill Rates .................. <br />Principal Taxpayers .................... <br />Financial Information .................... 9 <br />General Information ..................... 11 <br />Economic and Demographic Information .............. 13 <br />Rating ............................ 17 <br />Litigation .......................... 17 <br />Closing Documents ..................... 17 <br />Certification ........................ 18 <br />Legal Matters ........................ 18 <br />Miscellaneous ..................... 18 <br />Appendix a--Fin~n~i~l Statements <br />Appendix B--Form of Legal Opinion <br />Worksheet <br />Bid Sheets <br /> <br />MN220.85a/18 <br /> <br />ii <br /> <br /> <br />
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